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Author Topic: Sell or Hold Altcoins prior to BTC fork 1st August????  (Read 2359 times)
shade_wrath
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July 30, 2017, 03:56:30 AM
 #41

Just dumped BTC and bought alts. Im gonna try to catch the falling knife with buying BCH too, fingers crossed. Im not going to touch BTC til things settle out.
There was no need for dumping BTC. You should wait to get freebies first and then immediately jump into buying alts. NEVER reject a free coin even if it worth pennies ... you never know when your penny can turn into golden goose Tongue

I think Alt will drop even further after fork as the market might still be skeptical, but thereafter it will skyrocket Cheesy

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treebobjoe
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July 30, 2017, 04:22:25 AM
 #42

Sell or hold? That's hardly a question. Selling out of mere speculation of BCC prices is crazy. If you are invested in good altcoins, there's no reason to sell while they're down.
MadPanda
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July 30, 2017, 04:25:48 AM
 #43

I have already transferred my BTC to an offline wallet (my Trezor) . . .

I'm now thinking to sell my Altcoins and doing the same to protect my BTC and collect free BCC.

What is everyone else doing with their Altcoins prior to 1st August?



What do you do when a hail of bullets are flying over your head in fox hole?
Hold on to your Butts!!!!!!

The market is going to be way to volatile to make a move but if you can buy when theres blood in the streets that would be most profitable.

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July 30, 2017, 04:34:49 AM
 #44

Sell or hold? That's hardly a question. Selling out of mere speculation of BCC prices is crazy. If you are invested in good altcoins, there's no reason to sell while they're down.
Why you know BCC is good altcoins? Not from crowdsale ICO, not from Mining, just like creating from old blockchain of Bitcoin and distribuite "free money" for all user holding Bitcoin, they can set the price of BCC with rate $400 per coin lol Roll Eyes. If it become true, I will learning how to create an altcoin from old blockchain Bitcoin and earning a huge profit Tongue

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July 30, 2017, 07:46:13 PM
 #45


Quite eloquent response from Cointelegraph  Grin
rouhaud
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July 30, 2017, 10:44:24 PM
 #46


Quite eloquent response from Cointelegraph  Grin

^^ nice one,
and i thinks it's the best way to handle the fork

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btcrich
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July 30, 2017, 10:49:50 PM
 #47

Sell or hold? That's hardly a question. Selling out of mere speculation of BCC prices is crazy. If you are invested in good altcoins, there's no reason to sell while they're down.
If you have invested in alt coins and if you are in profits,then i think it is better to sell off and invest in bitcoin because it certain that we will see a network split this coming month and i am sure you will be making more money than holding those coins in the long term,so i did sold off some of the alt coins that i own and invested back in bitcoin.
TheReamer
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July 30, 2017, 11:02:29 PM
 #48

1) Hodl
2) Dump BCC
3) Huh
4) Profit

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styca
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July 31, 2017, 05:54:27 AM
 #49

Altcoins have fallen hard as people are moving to bitcoin to get free BCC. Once people have received their BCC, money will start flowing back from bitcoin to alts, and prices will go up. I'm holding my alts. I don't think it makes much sense to sell them when they've dropped so much, and a price increase is coming.
nkmt
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July 31, 2017, 06:41:06 AM
 #50

I sold all my BTC to hoard cheap ETH in the last few days as I expect the ETH price to go up once people sell off their free BCC on August 1.

help fight GFW: 1nkmtbqNDP53phPDSEvmEaTSv7cA2ZS9Z
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July 31, 2017, 06:46:52 AM
 #51

Bitcoin won't move until after November when the realization may or may not occur. If it ends up proving positive BTC will take off like the 2012 rocket and leave alts to wither here on Earth. If Segwit fails, then alts may have a good New Years instead of BTC. August 1st is just a short term blip - whales will be preying on the noobs and those that lost big on alts.
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July 31, 2017, 07:07:14 AM
 #52

Why sell your altcoins? It is uneccesary in my honest opionion. You have done the important thing by securing your bitcoins in a wallet you have total control over, the rest is inconsequential.   

Selling your coins now at a low price is bad, if the plan all along was to hold long term. If you dont believe in the coins developement and potential, then sell.
petrosc
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July 31, 2017, 08:54:22 AM
 #53

Once BCC is issued people will rush to sell it and the crash will be dramatic. Do not expect to sell for $400, expect to sell for $10-40. Considering that all the money will be flowing into alts, with their price rising I doubt that it is a wise move to hold BTC in order to get BCC. You might miss the early train when alts start rising. Just my opinion
Lumada
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July 31, 2017, 08:59:41 AM
 #54

Why sell your altcoins? It is uneccesary in my honest opionion. You have done the important thing by securing your bitcoins in a wallet you have total control over, the rest is inconsequential.   

Selling your coins now at a low price is bad, if the plan all along was to hold long term. If you dont believe in the coins developement and potential, then sell.

Just keep on holding it, if yoy don't need it yet juat hold itsoon it can be doubled or even tripled, keep calm when you get too panic you might regret it when you it's value next few weeks or months.


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KesoNie
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July 31, 2017, 11:08:39 AM
 #55

I have already transferred my BTC to an offline wallet (my Trezor) . . .

I'm now thinking to sell my Altcoins and doing the same to protect my BTC and collect free BCC.

What is everyone else doing with their Altcoins prior to 1st August?


It is better to just sold your altcoins and get those bitcoins from it so you can have more bitcoin cash after the fork and there is a high possibility that the BCC will cost at a higher price than the other altcoins which means an easy profit by just owning bitcoins during and after the fork event in august 1st.
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